WHAT IS CURACAO LICENSE?
Curacao Gambling License is a legal permission to conduct a legitimate online gambling business. Curacao is part of the Netherlands Antilles, which were used as trade crossings for ships sailing from South America to Europe. Industry, investment, banking and distance learning are now developing on the islands. They have the status of a country of the European Union, therefore, they are exempt from high tax rates. For all types of gambling business, a Curacao license can be granted, which gives a private entrepreneurial tax of 2% and licensing from an EU country. Suitable for the following types of gambling business: Poker Lottery Sports betting Casino Curacao E-Gaming regulates online gaming in Curacao and grants licenses to online gambling entrepreneurs. The company additionally grants a license for IP (Information Provider) and eGaming for all online casinos. The Curacao license has a number of advantages: It is posted on the website and confirmed online. Can be redistributed further, for example, as White Label. Personal presence is not required. The 2% tax is taken on the net profit, not on the total. For local businessmen and non-residents, the cost and terms of consideration of the application have been reduced. You can get one license for all types of casino entertainment due to the lack of division of types of gambling into classes and types. The permission gives you the full right to supplement the game room with poker, slots and other gambling games. The minimum package of documentation, which includes superficial data on the state of the personal accounts of the owners of the company, information on the material percentage of revenue and the state of the corporation, personal data on the beneficiaries and shareholders. The minimum requirements apply to software vendors in beta testing, slots and RNGs. The entity is considered one of the best and trusted licensors as it has been issuing gambling licenses on the island since 2002. Types of online casino licenses A license is issued in 2 types: a sub-license and a master license, which is the main one. Only 4 operators have a master license: e-Management NV – 5536 / JAZ. Gaming Curacao – 365 / JAZ. Curacao eGaming – 1668 / JAZ. Antillephone – 8048 / JAZ. All 4 provide services for issuing sublicenses, they help in supporting and organizing the gambling business. Now the procedure for obtaining a master license is complicated due to market monopolization, so operators can only count on obtaining a sub-license. The agencies offer almost the same conditions for purchasing a Curacao license. And possession of a sublicense implies the provision of guarantees of legal operation in all online gambling markets, except for the Netherlands, France, the United States, Curacao itself, and the possibility of issuing new sublicenses to other operators. Terms of acquisition You can purchase a license in 3 weeks. According to statistics, licenses have been issued to every 9th gambling company in the world. PROS AND CONS OF CURACAO LICENSE PROS Licensing requests are processed quickly A single sample license for different types of gambling business Simple receipt procedure Adequate tax rates and price Access to the European market is provided Authoritative jurisdiction MINUSES Not detected